Admiral Markets Posts YoY Growth For 2017

[kreslik.news]

Admiral Markets UK Ltd., a forex broker, has released its financial report for the year 2017. The firm, which received authorisation from the UK’s Financial Conduct Authority in 2012, saw significant increases in year on year revenues and profits.

Admiral Markets finished 2016 with £3.49 million in revenue. At the end of last year, the broker earned total revenues of £5.51 million – a 58 percent year on year increase.

The company’s growth in revenue did not generate a corresponding level of increase in sales costs. The broker saw its sales costs increasing from £515,396 to £634,459. This was certainly ... (read more)